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Bank of China ( (HK:3988) ) just unveiled an update.
Bank of China Limited has announced the redemption of its RMB20 billion write-down undated capital bonds, initially issued on December 10, 2020. The redemption, executed on the fifth anniversary of the bond issuance, reflects the bank’s strategic financial management and may impact its capital structure, potentially influencing investor confidence and market dynamics.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$5.92 price target. To see the full list of analyst forecasts on Bank of China stock, see the HK:3988 Stock Forecast page.
More about Bank of China
Bank of China Limited is a major financial institution in the People’s Republic of China, providing a range of banking services. It operates in various financial sectors, focusing on both domestic and international markets.
Average Trading Volume: 227,494,477
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1792.5B
Find detailed analytics on 3988 stock on TipRanks’ Stock Analysis page.